Business
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Cheers to instant interbank funds transfers
December 15, 2022
Cheers to instant interbank funds transfers
In a January 13 2022 entry under the headline ‘Make interbank transfers faster in 2022’, Business Unpacked lamented the delays…
Fimda urges sustainable forex reserves buffer
December 15, 2022
Fimda urges sustainable forex reserves buffer
Financial Market Dealers (Fimda) Association says Malawi needs long-term strategies to improve foreign exchange reserves to achieve a sustainable and…
Savings rate on deposits declines
December 15, 2022
Savings rate on deposits declines
Commercial banks’ savings rate on deposits is fast declining currently at 3.67 percent, a situation analysts say is undesirable as…
Rainbow Paints donate TV screens to Limbe Police
December 14, 2022
Rainbow Paints donate TV screens to Limbe Police
Rainbow Paints on Tuesday donated three TV screens to Limbe Police Station to be used for monitoring footage captured by…
Mega farms key to boosting tobacco output—official
December 14, 2022
Mega farms key to boosting tobacco output—official
Ministry of Agriculture has urged tobacco industry players to adopt government’s initiative of mega farms to improve the volumes of…
Net remittances catch global economic cold
December 14, 2022
Net remittances catch global economic cold
Malawi ’s net remittances have been on a downward spiral necessitated by declining inflows as well as those taken out…
Authorities tipped on boosting forex reserves
December 13, 2022
Authorities tipped on boosting forex reserves
The World Bank says the Malawi Government has an opportunity to implement measures that can boost foreign exchange reserves by…
Forex shortage hits local firms
December 13, 2022
Forex shortage hits local firms
Industry players say they are struggling to import key raw materials due to the worsening shortage of foreign exchange which…
World Bank forecasts gloomy economic outlook
December 12, 2022
World Bank forecasts gloomy economic outlook
The World Bank has painted a gloomy outlook for the economy in the medium-term, a position an economic commentator says…
Kwacha still under pressure
December 12, 2022
Kwacha still under pressure
The spread between the official and market parallel exchange rates has widened by about 42 percent as foreign exchange reserves…